Blog : Archives
March 28th, 2012
Posted by: admin
Filled in: Aviation News,Other Tax
The IRS has recently issued guidance that concluded that payments for common services that aircraft management companies provide, such as pilots, maintenance services and logistics, can be subject to excise tax as payments for “transportation services” under the Internal Revenue Code. This is a departure from long-standing prior practice, which limited excise tax to true [...]
August 1st, 2011
Posted by: admin
Filled in: Other Tax
IRS Tax Audits Against Lawyers and Business Professionals
July 25th, 2011
Posted by: admin
Filled in: Aircraft Sales Tax,New Legislation,Other Tax
The Truth About The Dreaded "Corporate Jet Loophole"
June 27th, 2011
Posted by: admin
Filled in: Other Tax
Effective July 1, Maine, traditionally among the more agressive states when it came to pursuing even temporary visitors for use tax, no longer charges sales or use tax on aircraft, their parts or services. The change resulted in several aviation businesses quickly announcing plans to expand their facilities. Notwithstanding the loss of tax revenues the [...]
March 8th, 2011
Posted by: admin
Filled in: Other Tax
Connecticut Governor Dannel P. Malloy wants to close the state deficit by ending tax exemptions on repairs and services to aircraft, and by adding a yearly registration fee to planes stored in the state. This is problematic for general aviation, and for Connecticut for that matter, for several reasons. First, Connecticut exempts the purchase and [...]
October 25th, 2010
Posted by: admin
Filled in: Other Tax
August 25th, 2010
Posted by: admin
Filled in: Aircraft Sales Tax,New Legislation,Other Tax
New York, like Florida, may be beginning to draw back from policies that punish general aviation in the state. Aircraft buyers routinely go to Connecticut, which does not charge sales tax on larger aircraft, in order to save considerable sales tax upon purchase. While aircraft rentals are subject to use tax when returned and based [...]
July 26th, 2010
Posted by: admin
Filled in: Other Tax
Behind the scenes: How does the IRS select returns for audit?
July 16th, 2010
Posted by: admin
Filled in: Other Tax
How to Substantiate The Business Aspect of Your "Mixed Purpose" Flights
June 13th, 2010
Posted by: admin
Filled in: Other Tax
Ari Good to speak at annual FATA conference on aviation tax and general aviation matters.